Professional Development

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Sep 13, 2023

Change Management: Rethinking L&D Strategies

by Ruma Malia

Technology isn’t just disrupting the way business is done. It is also impacting the efficacy and expectations related to employee skills, including top talent. Such rapid transformation, along with economic uncertainty, is leading to high performance-related stress for employees. As a talent management professional, this makes your job harder. Somehow, you must inspire employees to continuously reset their skills to meet your organization’s changing needs. This is, of course, easier said than done; change fatigue is becoming a universal theme across industries. Today, only 38% of employees are keen to support yet another change management initiative, down from 74% in 2016. Start with employee centricity The good news is that there is a clear opportunity to shape employee sentiment and engagement. First, you need to get your leadership to see the value in a change management pyramid that puts employees first. This ensures you have a conducive environment for change receptiveness. Here is how you can get CXOs to see the value in putting employees at the heart of change management. 1. Talk about how talent is key to innovation The current environment demands relentless innovation. This is only possible when your company creates a collaborative and inclusive work culture that acknowledges and celebrates all talent. Moreover, as business growth becomes synonymous with digital transformation, talent is paramount; you need intelligent application and not mere technical skills. 2. Reiterate the retention challenge Every day that you don’t focus on retention and engagement is costing your company. Quiet quitting and burnout […]

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